DBS Bank India has reported a 49% year-on-year increase in net profit for the fiscal year 2026, reaching ₹1,020 crore.
The Singaporean lender’s Indian subsidiary also disclosed a capital adequacy ratio of 19.7%, signaling a robust balance sheet as it navigates the domestic market.
Rajat Verma, Managing Director and CEO of DBS Bank India, attributed the strong performance to sustained business momentum over the past year.
He highlighted improved asset quality and disciplined cost management as the primary drivers behind the earnings growth.
The results reflect a broader trend of resilience among foreign and private lenders in India, which have continued to expand their lending books while maintaining strict credit standards.
This performance stands in contrast to some state-owned peers, which have faced more modest growth trajectories amid competitive pressures.